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Bank of Tokyo-Mitsubishi UFJ Ltd (BTMU), the premier commercial banking division of Mitsubishi UFJ Financial Group (MUFG), has commenced operations at Bahrain Financial Harbour.
Approximately 10 months ago BTMU signed a lease agreement with Bahrain Financial Harbour Holding Company (BFHHC) to occupy the 26th floor of the West Tower of BFH's Financial Centre, covering an area of over 1,000 sq m.
Eric Fotiadis, chief development & co-ordination officer, BFHHC, said: "BTMU has an extensive global network with strong economic connections to the Middle East. Their decision to relocate to BFH not only enriches the environment at BFH but it simultaneously emphasises the high esteem to which the Financial Centre is held internationally, as a world class environment for international finance.
"We are confident that BTMU will find our advanced establishment and modern systems to be the ideal launch pad for its operations in Bahrain and the wider Middle East."
Commenting on the launch of BMU's operations from BFH, Mr Sakata, regional head for the Middle East, BTMU, said: "Our decision to position ourselves at this prestigious location confirms our ambitions to ensure our extensive selection of financial products and services are readily available to businesses, governments across the region. We are certainly looking forward to a long and productive relationship with BFH."
